Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Formosa Petrochemical's operating assets for the quarter that ended in Dec. 2025 was NT$292,535 Mil. Formosa Petrochemical's operating liabilities for the quarter that ended in Dec. 2025 was NT$34,086 Mil. Formosa Petrochemical's Total Assets for the quarter that ended in Sep. 2025 was NT$375,996 Mil. Therefore, Formosa Petrochemical's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.69.
Formosa Petrochemical Scaled Net Operating Assets Related Terms
Formosa Petrochemical Scaled Net Operating Assets Historical Data
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The historical data trend for Formosa Petrochemical's Scaled Net Operating Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Formosa Petrochemical Scaled Net Operating Assets Chart
TPE:6505 vs VLO, MPC, PSX: Scaled Net Operating Assets Comparison
For the Oil & Gas Refining & Marketing subindustry, Formosa Petrochemical's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Formosa Petrochemical Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Formosa Petrochemical's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Formosa Petrochemical's Scaled Net Operating Assets falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Scaled Net Operating Assets of 0.69 mean?
Formosa Petrochemical (TPE:6505) has a Scaled Net Operating Assets of 0.69 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Formosa Petrochemical and its competitors.
Is Formosa Petrochemical's Scaled Net Operating Assets too high?
Formosa Petrochemical's current Scaled Net Operating Assets is 0.69. Overall, Formosa Petrochemical has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Formosa Petrochemical's Scaled Net Operating Assets compare to VLO and MPC?
Formosa Petrochemical's Scaled Net Operating Assets of 0.69 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Formosa Petrochemical and its competitors. Formosa Petrochemical's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Petrochemical stock overvalued right now?
Based on GuruFocus' analysis, Formosa Petrochemical (TPE:6505) is currently considered Fairly Valued. The stock's GF Value™ is NT$57.63, compared to a current price of NT$57.60 — trading 0.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.69. Formosa Petrochemical's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Formosa Petrochemical (TPE:6505), the current Scaled Net Operating Assets is 0.69 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Formosa Petrochemical (TPE:6505) Overvalued in 2026?
Based on GuruFocus' analysis, Formosa Petrochemical stock appears to be undervalued.
The current stock price of NT$57.60 is trading 0.1% below its estimated GF Value™ of NT$57.63.
GuruFocus considers Formosa Petrochemical to be Fairly Valued.
Key valuation signals for TPE:6505:
Scaled Net Operating Assets: 0.69
GF Value™: NT$57.63 vs. price of NT$57.60 (0.1% below fair value)
No single metric tells the full story. See the TPE:6505 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosa Petrochemical Corp engages in the Operation of refinery of petroleum and integrated manufacture of hydrocarbon. The firm operates in two segments. The Petrochemical segment that derives majority revenue engages in producing and selling petroleum, and petrochemical products. The Public utility segment engages in producing and selling water, electricity, and steam. Its product offerings comprise gasoline, jet fuel, kerosene, fuel oil, asphalt, sulfur, lubricant, diesel, naphtha, and liquid petroleum gas.
89GF Score
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